Loaner BMW 530i with about 3200 miles on it! Negotiated with sales person and manager back and forth about a week, made two round trips to the dealership, and finally got my very first BMW. After signing, sales person said “You are a terrific negotiator” and I told him " You ain’t seen better ones". Big thanks to my good friends @wawzj619 and @airfy, two great hackers, gave me all the guide and supports to get this deal. A little disappointed as I didn’t get a deal like they did, but I’m still very excited. Can’t wait to drive it!!!
Maybe. Honestly the MSD situation is pretty sloppy, although the deal itself is great. If you had put ~$75 down to get the monthly below $400 the 7x MSD due would be only $2800. If BMWFS accepts this contract you’re basically letting them borrow $800 with almost no return on investment. But again, good deal
To me, first start on negotiating a discount of the selling price, and then added in all possible incentives which you’re qualified for, last but no least running the calculation.
In TX all dealers get a certain number of tax credits each month depending on the number of cars they’re selling. Reduces the taxes from 8.25% down to 1.25% which is huge in TX as you pay tax on the entirety of the sales price even if you lease.
They use them to make deals like this happen and roll a unit and also to bolster profit on other deals for people who are sold on the payment itself. Should always work to get this on any lease in TX. Timing can be tricky as the old dealership I worked for some times had burned through all but 2 or 3 by the middle of the month and some times we still had 6 to 8 going in to the last few days of the month.